Tag: Home insurance

Insurance Property Insurance Basics
2015 December Property Insurance Basics

Property insurance, by definition, is a guarantee of compensation for a specific loss or damage to physical property or equipment. Within that broad and simplified explanation there is room for multiple interpretations—and more than enough …

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Management The Sporting Life
2015 September The Sporting Life

Gone are the days when a treadmill and a set of dumbbells in a fluorescent-lit basement room passed for athletic amenities in condo buildings and HOAs. Today, the size and scope of sporty offerings—be it basketball courts, pools or saunas—…

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Insurance Homesharing and Insurance
2015 August Homesharing and Insurance

In cities like Miami and Palm Beach, where even the most profligate among us may shed a tear or two at hotel room prices, the homesharing trend has grown by leaps and bounds. With more condo and HOA residents than ever renting out their un…

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Insurance Insurance: A Must-Have or Couldn’t Hurt?
2015 August Insurance: A Must-Have or Couldn’t Hurt?

From equipment failure and personal injuries to tornadoes and tropical storms, disasters happen, and any condominium association worth its salt knows that it needs to be prepared for a rainy day. Actually, even the most disreputable associ…

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Q&A Q&A: Changing Management Companies
2015 July Q&A: Changing Management Companies

Q Our association recently hired a new management company. An announcement was sent to the homeowners announcing the change. A new board initiated this action with no input from the homeowners and no discussion. I have specifically reques…

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Q&A Q&A: Maintenance Fee Fiasco
2015 July Q&A: Maintenance Fee Fiasco

Q I live in a development that was built in 1983. The developers turned the property over in 1989 to become a homeowners association (HOA). Since then, the association has maintained the building exterior and fences. When the real estate …

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Law & Legislation Legislative and Legal Update
2015 June Legislative and Legal Update

When you’re up to your earlobes in alligators, it’s hard to recall that your initial objective was to drain the swamp. —Old Florida Proverb A long-standing annual rite in the Florida Legislature is passage of an omnibus shared-owners…

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Law & Legislation The Condo as Legal Entity
2015 June The Condo as Legal Entity

In South Africa, it’s called a “sectional title.” In Quebec, it’s a copropriété divise or “divided co-property.” In Italy, they call it “condominio,” derived from Latin. Regardless of location, a condominium—commonly referred to as “condo”…

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Insurance When Waters Rise
2014 August When Waters Rise

When is a flood not a flood? That’s a serious question for southeast Florida’s residential communities. Even if they have flood insurance, damage caused by heavy rains and backed-up sewers may not meet the National Flood Insurance Program …

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